Business

Traders To Close All Shops On Monday Over Cedi Depreciation

August 23, 2022

Members of the Ghana Union of Traders Association (GUTA), say they will close down all their shops on Monday, August 29, 2022, in protest against the persistent depreciation of the Ghana Cedi. According to them, the rapid fall of the Cedi is having a negative impact on their businesses, hence their decision to stage the […]Continue Reading

Opinion

Odike incurs wrath of Manhyia Palace; whither erred he?

August 23, 2022

The drama behind the banishment process staged by almost all the chiefs under the Otumfuo Osei-Tutu II to officially declare Kwasi Addai ‘Odike’ persona-non-grata to the Manhyia palace has been traumatizing as it gets tongues wagging as to what must or must not be said in a democratic dispensation, and in frustrating search for solution […]Continue Reading

NEWS

Do not use aircraft number N-195DN for flights to Accra – GCAA writes to Delta Airlines

August 23, 2022

The Ghana Civil Association Authority (GCAA) has cautioned Delta Airlines against using its aircraft with registration number N-195DN for flights to Accra. The caution is contained in a letter dated August 19, 2022 addressed to the “Accountable Manager” at Delta Airlines. This follows the “events of August 1st, 2022 in which the aircraft with registration […]Continue Reading

NEWS

Menzgold customers worried over claims there’s no evidence to prosecute NAM 1

August 22, 2022

The Coalition of Aggrieved Customers of Menzgold says recent revelations on the difficulty in gathering evidence for the prosecution of the Chief Executive Officer (CEO) of Menzgold Ghana Limited, Nana Appiah Mensah known as NAM 1, underscores the need for government to step in and pay their locked-up capital. Director General of the Economic and […]Continue Reading

Business

GUTA members to close shops on August 29 over ‘harsh’ economic conditions

August 22, 2022

The Ghana Union of Traders Association (GUTA) has announced it will close all shops belonging to its members in Accra on Monday, August 29, 2022, to register its displeasure with the country’s current economic challenges. According to GUTA the depreciation of the cedi has eroded the capital of its members and is severely hampering their […]Continue Reading

NEWS

Don’t be complacent amid terrorism threats – Nana Addo urges security agencies

August 22, 2022

President Nana Addo Dankwa Akufo-Addo has charged the various security agencies in the country to beef up security along Ghana’s borders with neighbouring countries. He said the terrorist activities happening in Sahelian countries such as Burkina Faso and Mali are of major concern to the government, hence the need for stringent measures to ensure the […]Continue Reading

NEWS

Takoradi Market Circle redevelopment project nears completion – STMA

August 22, 2022

Redevelopment works on the reconstruction of the 100-year-old Takoradi Market Circle project is almost completed, officials have said. Director of the Takoradi Sub Metro of the Sekondi-Takoradi Metropolitan Assembly Nana Asempaneye Yeboah II made the revelation during the maiden edition of Connect FM’s The People’s Parliament. Hundreds of traders in Sekondi-Takoradi Continue Reading

Business

Capital flight is a huge problem affecting the Cedi – Mawutor

August 22, 2022

The Dean, School of Graduate Studies at the University of Professional Studies, Accra (UPSA), Professor John Kwaku Mensah Mawutor has blamed the woes of the Cedi on Capital flight, a situation where assets or money rapidly flow out of a country. He explained that capital flight is occurring because foreigners are dominating the local industry. […]Continue Reading

Business

Cedi fall: An economy with high appetite for importation will have its currency failing – Mawutor

August 22, 2022

The Dean, School of Graduate Studies at the University of Professional Studies, Accra (UPSA), Professor John Kwaku Mensah Mawutor, has said the inordinate taste for importation can be attributed to the woes of the Cedi. He explained that an economy that heavily runs its consumption on external producers will always struggle improving on the strength […]Continue Reading

NEWS

Akufo-Addo to start tour of U/W and Savannah Regions today; scheduled to inspect works on Agenda 111

August 22, 2022

President Nana Addo Dankwa Akufo-Addo will start his tour of the Upper West and Savannah today, Monday August 22. “I will be touring the Upper West Region on Monday and Tuesday. Follow my regional working tours on all my social media handles,” Mr Akufo-Addo tweeted. He will, on this tour, commission completed projects, inspect ongoing […]Continue Reading